Why Ronaldo is much more than a footballer - News Summed Up

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Why Ronaldo is much more than a footballer


Forbes magazine estimated that Ronaldo made $108 million (Sh10.8 billion, 93.7 million euros) in 2017: $61 million (Sh6.1 billion) in salary and $47 million (Sh4.7 billion) from endorsements. While that's a jump in $15 million (Sh1.5 billion) from the previous year, Ronaldo still dropped from first place to third. Tax is another sensitive topic for Ronaldo, who agreed in June to pay 16.7 million euros in a legal settlement after he was caught neglecting to pay some Spanish taxes. On arriving in Turin this summer, Ronaldo launched a new "CR7 Underwear" line with Italian garment company Yamamay. But Ronaldo makes at least 20 million euros a year, and, perhaps much more, from his deal with Nike, which began in 2003.


Source: Daily Nation October 06, 2018 10:18 UTC



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